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Amazon.com, Inc. (AMZN)

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  • May. 1, 2013, 7:09 PM
    IDC's Q1 tablet figures are even gaudier than Strategy Analytics'. the firm thinks shipments soared 142% Y/Y to 49.2M. Strategy estimates "only" 117% growth to 40.6M units. The main reason: IDC thinks Android (GOOG) shipments surged to 27.8M, giving them a 56.5% share; Strategy only estimates 17.6M. The iPad (AAPL) is estimated to have a 39.6% share, down from Q4's 43.6%. Samsung's (SSNLF.PK) share is believed to have risen to 17.9% from 15.1%, and Amazon's (AMZN) to have dropped to 3.7% from 11.5% (shipment timings are a likely factor). Whereas Strategy thinks 3M Windows 8/RT (MSFT) tablets were shipped, IDC estimates only 1.8M (1.6M Win. 8, 200K RT), with 900K involving Surface.
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  • May. 1, 2013, 8:03 AM
    Amazon (AMZN) has opened its first office in Russia and is actively looking to hire employees for its Kindle business in the nation, according to TechCrunch. Russia is the largest Internet market in Europe and e-commerce there is forecast to rise to as much as $36B by 2015. AMZN +0.2% premarket.
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  • Apr. 30, 2013, 11:52 AM
    Windows Azure produced $1B+ in sales in the last 12 months and subscriptions are up 48% in the last 6 months, Microsoft (MSFT +0.8%) boasts. Though the sales figure is less than the $2B Amazon Web Services (AMZN) is believed to have pulled in last year (expected by Macquarie to hit $3.8B in 2013), it drives home the momentum behind Microsoft's cloud infrastructure/app development platform, popular with enterprises due to its hybrid cloud support and integration with Microsoft software. Forrester estimates 20% of firms relying on cloud services use Azure vs. 71% using AWS, but thinks Azure's share can hit 35% in a year. (ValueAct) (Office 365 sales)
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  • Apr. 29, 2013, 12:44 PM
    In addition to predicting new MacBooks will launch in June, KGI Securities thinks a $199-$249 iPad Mini will arrive later this year. If Apple's (AAPL)  track record is any guide, odds are it will discount the current Mini while launching a retina version. KGI's remarks come as Digitimes observes Acer/Asus are cutting prices for their 7" Android (GOOG) tablets well below $200; Reuters reported this month Google, which is expected to launch a next-gen Nexus 7 in July, is thinking of cutting prices as well. Amazon (AMZN), meanwhile, has suggested it won't lower the 7" Kindle Fire's price below a current $159. (Strategy Analytics data)
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  • Apr. 29, 2013, 12:05 PM
    Amazon's (AMZN -0.7%) German warehouse workers could soon be striking over basic pay and night shift supplements. Amazon, which employs ~9K people in Germany and just reported light Q1 international sales, has already seen workers in two cities vote to strike this month. Though no date has been set, a union rep says a labor stoppage could happen within weeks.
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  • Apr. 26, 2013, 5:12 PM
    Top Groupon (GRPN) rival LivingSocial says 50M customer accounts were hacked. Names, e-mail addresses, and encrypted passwords were accessed, but not credit card numbers. The breach comes shortly after Amazon (AMZN), which owns 29% of LivingSocial, provided more dispiriting financial data for the daily deals site in its Q1 10-Q. Though LivingSocial's revenue rose 23% Y/Y in Q1 to $135M, it also posted a $50M net loss. (2012 figures)
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  • Apr. 26, 2013, 1:29 PM
    Amazon (AMZN -6.9%) is giving back most of its 2013 gains as the Street decides a revenue miss and light profit guidance outweigh a still-improving gross margin. Slowing growth and a lack of profits for the international ops is a concern for many, even if forex is a factor - international media sales rose only 1% Y/Y, though other merchandise sales rose 28%. On the earnings call, management admitted (echoing eBay) "there is some [international] softness from a macro standpoint," while adding Amazon is investing heavily in China, Italy, and Spain. Nomura is staying bullish, touting the fact total growth is holding steady.
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  • Apr. 25, 2013, 7:28 PM
    Amazon's (AMZN) Q1 Y/Y paid unit growth was 30%, the company discloses in its CC; that's down from Q4's 32% and Q3's 39%, but still above rev. growth of 22%. 3rd-party sellers (some of them upset over fee hikes) made up 40% of unit sales vs. 39% in Q4 and 41% in Q3; they've been a major source of gross margin growth. Digital content sales growth slowed down, leading physical units to rise over 300 bps Y/Y as a % of total units. Forex expected to have a 275 bps impact on Q2 rev. growth. North America had a $457M op. profit in Q1, international a $16M op. loss. Active customer accounts rose to 209M+ from 200M+ in Q4.  AMZN now -3% AH. (Q1: I, II)
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  • Apr. 25, 2013, 4:31 PM
    More on Amazon: Gross margin +260 bps Y/Y to 26.6% (it rose 340 bps Y/Y in Q4 to 24.1%). North America sales growth up to 26% Y/Y in Q1 (23% in Q4), international down to +16% (21% in Q4), hurt by forex. 58/42 split between NA and international sales. Media sales +7% (+8% in Q4) and 31% of total, electronics/other merchandise +28% (same as Q4) and 64% of total. "Other" NA revenue (mostly AWS) +64% to $750M. Fulfillment spend +39% (+36% in Q4), marketing +32% (+43% in Q4), technology/content +46% (+56% in Q4) - all 3 rates are still soundly above rev. growth. Free cash flow for last 12 months is $1.58B (exc. HQ purchase). AMZN +2.2% AH. (PR)
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  • Apr. 25, 2013, 4:05 PM
    Amazon.com (AMZN): Q1 EPS of $0.18 beats by $0.09. Revenue of $16.07B (+22% Y/Y) misses by $90M. Expects Q2 revenue of $14.5B-$16.2B vs. $15.9B consensus. Expects Q2 operating income of -$340M to +$10M; EPS consensus is at $0.22. Shares +1.4% AH. CC at 5PM ET (webcast). (PR)
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  • Apr. 25, 2013, 12:10 AM
    Notable earnings after Thursday’s close: AEM, ALTR, AMCC, AMKR, AMZN, BIDU, BJRI, BLDR, BMRN, CALX, CAMP, CB, CBG, CENX, CERN, CINF, CLWR, CRUS, CSTR, CTCT, DECK, DLB, ELY, EMN, EXPE, FII, FR, FSL, GERN, IGT, IM, INAP, INFA, KBR, KEG, KLAC, LEG, MCRS, MXIM, N, NR, NTGR, OLN, PFG, PKI, PMCS, QLIK, RMD, RRC, RSG, SBUX, SIMO, SPN, SWKS, SYNA, TCO, THRX, TLAB, UHS, VPRT, VRSN, WRE, WYNN
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  • Apr. 24, 2013, 5:35 PM
    Notable earnings after Thursday’s close: AEM, ALTR, AMCC, AMKR, AMZN, BIDU, BJRI, BLDR, BMRN, CALX, CAMP, CB, CBG, CENX, CERN, CINF, CLWR, CRUS, CSTR, CTCT, DECK, DLB, ELY, EMN, EXPE, FII, FR, FSL, GERN, IGT, IM, INAP, INFA, KBR, KEG, KLAC, LEG, MCRS, MXIM, N, NR, NTGR, OLN, PFG, PKI, PMCS, QLIK, RMD, RRC, RSG, SBUX, SIMO, SPN, SWKS, SYNA, TCO, THRX, TLAB, UHS, VPRT, VRSN, WRE, WYNN
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  • Apr. 24, 2013, 1:00 PM
    Netflix (NFLX -1%) goes negative as Bloomberg reports Amazon (AMZN) is working on a Kindle set-top. As one would expect, the set-top will reportedly support Prime Instant Video, as well as Amazon's Video on Demand store. Amazon undoubtedly wants the device to increase the living room reach of its video services - Netflix has a (diminishing) edge in this realm - and perhaps also act as a sales vehicle for other products/services. But doing so could be tough in the face of direct competition from Roku, Apple, Boxee, and soon Intel (I, II), and indirect competition from console makers.
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  • Apr. 24, 2013, 12:35 PM
    Amazon (AMZN) plans to unveil a TV set-top box that can be used by consumers to stream video from the Internet, according to Bloomberg.
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  • Apr. 24, 2013, 8:36 AM
    Amazon's (AMZN) mobile ad network is sending out third-party ads via apps on smartphones and tablets as it begins to ramp up real-world testing of the value of its treasure trove of consumer data. It's hard to latch on to a reliable estimate of what the company will earn from its advertising network - but some analysts are throwing out the $1B mark for this year as a starting point. One thing nearly all agree on: the advertising side of the business should improve margins. (Previous: AMZN - the sleeping giant of media)
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  • Apr. 23, 2013, 6:19 AM
    The Senate yesterday voted 74-20 to limit debate on legislation that would force retailers to collect taxes for online sales, opening the way for a final vote on the measure, which could take place this week. The White House officially backed the bill for the first time, although its prospects in the House are uncertain even if its passes the Senate.
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Company Description
Amazon.com Inc is an online retailer. The Company sells its products through the website which provides services, such as advertising services and co-branded credit card agreements. It also offerselectronic devices like Kindle e-readers and Fire tablets.